@siddharth116 on USDJPY | PriceONN Community

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siddharth116 PRO newbie
USDJPY Mar 8
Another weekend... another wait. USDJPY weekly close was decent, but not convinced either way. Let's see if smart money will push it up or down on monday morning. Time to chill now. Goodnight!
USDJPY

Replies (1)

V
vikram9822 PRO newbie Mar 9
@siddharth116 I agree, the weekly close was indecisive. I'm also waiting to see which way 'smart money' pushes it. I think there's a good chance we'll see a liquidity grab below the 157.80 level before any major move up. Lots of stops sitting there, I suspect. If that happens, I'll be looking for a long entry around 157.60-157.70, targeting 158.80 initially. But if it breaks above 158.50 right away, I'll stay out. Too risky otherwise. Good night to you too!
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